\begin{tabular}{@{\extracolsep{5pt}}p{6cm}ccc}
\\[-1.8ex]\hline \hline \\[-1.8ex]
 & (1)  & (2)  & (3)  \\
 & Starting Bid = 0\%  & Starting Bid = 100\%  & Total  \\
Variable & Mean/SD       & Mean/SD       & Mean/SD  \\ \hline \\[-1.8ex] 
Age & \begin{tabular}[t]{@{}c@{}} 47.70 \\ (14.28) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 50.73 \\ (14.19) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 49.28 \\ (14.30) \end{tabular} \rule{0pt}{0pt}\\
Number of years in agriculture & \begin{tabular}[t]{@{}c@{}} 25.47 \\ (16.09) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 27.12 \\ (16.17) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 26.34 \\ (16.14) \end{tabular} \rule{0pt}{3ex}\\
Gender (1 = Female; 0 = Male) & \begin{tabular}[t]{@{}c@{}} 0.09 \\ (0.29) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 0.12 \\ (0.32) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 0.11 \\ (0.31) \end{tabular} \rule{0pt}{3ex}\\
Owns land (1 = Yes; 0 = No) & \begin{tabular}[t]{@{}c@{}} 0.97 \\ (0.18) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 0.93 \\ (0.25) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 0.95 \\ (0.22) \end{tabular} \rule{0pt}{3ex}\\
Participate in CRP (1 = Yes; 0 = No) & \begin{tabular}[t]{@{}c@{}} 0.27 \\ (0.44) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 0.28 \\ (0.45) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 0.27 \\ (0.45) \end{tabular} \rule{0pt}{3ex}\\
Any other conservation program (1 = Yes; 0 = No) & \begin{tabular}[t]{@{}c@{}} 0.30 \\ (0.46) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 0.31 \\ (0.46) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 0.30 \\ (0.46) \end{tabular} \rule{0pt}{3ex}\\
Any conservation program (1 = Yes; 0 = No) & \begin{tabular}[t]{@{}c@{}} 0.47 \\ (0.50) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 0.44 \\ (0.50) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 0.45 \\ (0.50) \end{tabular} \rule{0pt}{3ex}\\
Total agricultural land (acres) & \begin{tabular}[t]{@{}c@{}} 1138.21 \\ (1563.76) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 2171.34 \\ (14985.15) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 1678.35 \\ (10890.84) \end{tabular} \rule{0pt}{3ex}\\
Acres owned & \begin{tabular}[t]{@{}c@{}} 585.81 \\ (1109.72) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 645.80 \\ (984.54) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 617.17 \\ (1045.47) \end{tabular} \rule{0pt}{3ex}\\
Acres leased & \begin{tabular}[t]{@{}c@{}} 552.40 \\ (1066.54) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 1525.54 \\ (14974.74) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 1061.18 \\ (10853.34) \end{tabular} \rule{0pt}{3ex}\\
Acres under row crops & \begin{tabular}[t]{@{}c@{}} 488.77 \\ (1134.84) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 456.92 \\ (1041.97) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 472.12 \\ (1086.25) \end{tabular} \rule{0pt}{3ex}\\
Acres damaged by hogs & \begin{tabular}[t]{@{}c@{}} 343.21 \\ (826.56) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 458.44 \\ (1135.21) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 403.45 \\ (1000.53) \end{tabular} \rule{0pt}{3ex}\\
Any hog damage in past year? (1 = Yes; 0 = No) & \begin{tabular}[t]{@{}c@{}} 0.90 \\ (0.29) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 0.86 \\ (0.35) \end{tabular} & \begin{tabular}[t]{@{}c@{}} 0.88 \\ (0.32) \end{tabular} \rule{0pt}{3ex}\\
    N & 230  & 252   & 482  \rule{0pt}{3ex} \\
\hline \hline \\[-1.8ex]
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{\textit{Notes}: Descriptive statistics shown are for the sample of participants who places bids. The F-test statistic for the test of joint equality of the covariates is 1.64 (p = 0.08). CRP stands for the US Conservation Reserve Program. Any other conservation program refers to participation in any non-CRP federal, state or local programs. Any conservation program refers to participation in either CRP or any other conservation program.}
\end{tabular}
